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Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 23. (Read 57643 times)

sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
Don't worry too much in bitcoin volatility qhen you aim for a long term investment. When you aim to earn or to save the things we should focus to is to have more btc for we all know that soon it's price will goes in the moon.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Volatility update as of now:
At this moment, the Bitcoin volatility index reads:
5.78% the latest 30-day volatility estimate
5.11% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

Just a reminder to newbies:
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.


Efforts by any country's central bank or government to regulate bitcoin will accelerate that country's demise of fiat value. These costs of such attempts and many other costs are absorbed by monetary inflation - making fiat even more worthless over time. Fiat system has been broken for decades. Bitcoin however had reached escape velocity globally 4-years ago in 2013 thus will continue to rise & be adopted as it is the only escape from financial slavery and an opt-out of war-making, slave-labor producing central bank regimes.

Fiat around the world is heavily infested, broken and burdened by:
-regulatory burden on fiat banks & system (incredibly costly)
-insurance fraud
-false claims and insurance losses
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)

Bitcoin, systemically, is free from these burdens.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Update:
As it stands today at this moment, the Bitcoin volatility index reads:
3.6% the latest 30-day volatility estimate
5.5% the latest 60-day volatility estimate

What should I do?
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
You should hold if you want to earn more because you already said it Bitcoin price is so volatile in the future price will go higher than today so holding will make you profit more in the future.
Volatility does not mean that the price of bitcoin is going to go higher. It means that the price is not stable. Here due to volatility of the price the price may go down and then get back to it's previous position with a very short time.
One can take advantage of this volatility to make grab some quick profit.
full member
Activity: 784
Merit: 176
don't hold it but trade it. You can use bitcoin volatility to get more profit from it. Btc-fiat is good for novice trader  because the price is little bit more stable.
member
Activity: 350
Merit: 14
With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalksearch.org/topic/hacks-puppets-forks-how-to-destroy-bitcoin-1834310
Bitcoin is known for being volatile. It is normal and often happens. It is your choice if you'll sell it now or will cimpel into holding it. If you don't want to take the risk of losing money, you are free to sell it , since its price is still high at this moment. But you may also hold it and wait until the price is back to normal or increase.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
You should hold if you want to earn more because you already said it Bitcoin price is so volatile in the future price will go higher than today so holding will make you profit more in the future.
We just need to believe that the price of bitcoin will go up higher than we expected because that is the only thing we can to our self to make it believe that bitcoin is a good investment and holding our bitcoins will help our self to earn more money and become stable throughout our financial status and capabilities.
full member
Activity: 1044
Merit: 103
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I think everyone still at holds right now, we can't predicted when does this bitcoin price will rise or down it's because the economic value in the market is still in needs of more power to subdue the main currency, it tried to break the gold in power and then when bitcoin price is stable maybe someday  this will mark the history in internet money in the future.
hero member
Activity: 1134
Merit: 502
You should hold if you want to earn more because you already said it Bitcoin price is so volatile in the future price will go higher than today so holding will make you profit more in the future.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
For bitcoin day traders, volatility is the name of the game and it happens that its also their alley as they are able to make some money from this but why you should hold is entirely up to you. You might hold btc as a store of value or as an investment which will pay well after a certain period
sr. member
Activity: 420
Merit: 250
It's volatile and that's why you can grab a huge profit from this volatility and this is the reason why you should keep bitcoin. If you don't know how to make profit from volatility, simply leave bitcoin. That would be better for you in this volatile market.
sr. member
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
Despite many warnings to sell bitcoin, but I keep bitcoin and wait 2 or 3 days to buy more because prices will continue to fall.
So I recommend to hold and don't sell bitcoin with cheap price.

It was because of the news about the split and segwit coming that many people have sold their bitcoins. It had greatly affect the market price of bitcoin with a big dump. Good thing that the bitcoin had recovered quickly and looking at its price now, it had only made the price to go higher. Honestly, I was one of those who did panic selling, I have converted my bitcoin into fiat currency which I regret because after two days the price rises. How I wish that I had hold on instead.

Many people are saying that we should sell now but those who have been in this forum advised to hold because the upgrade will surely make the price of bitcoin higher.
sr. member
Activity: 646
Merit: 252
Despite many warnings to sell bitcoin, but I keep bitcoin and wait 2 or 3 days to buy more because prices will continue to fall.
So I recommend to hold and don't sell bitcoin with cheap price.
hero member
Activity: 994
Merit: 504
With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalksearch.org/topic/hacks-puppets-forks-how-to-destroy-bitcoin-1834310

There is a Bitcoin-monopoly. Everything depends on trust. Bitcoin has showed its capabilities well in the market, it is well trusted by the whales and small investors. That is just my opinion but i really think many will agree.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
i think we don't have to confuse of bitcoin volatile and i think with bitcoin volatile, we can take a profit even for small amount but i think our profit can be minimum $5-$10 or more. sometimes we can see bitcoin price is getting down for a moment and then in next second, the price is jump high back to the normal price and from this moment, our profit will be bigger.
newbie
Activity: 20
Merit: 0
can anyone give me a rundown on what is happening, i only know as of now about bitcoin in stock but i dont really know where to see it and potentially use it in the market???
sr. member
Activity: 406
Merit: 256
It is the volatility of bitcoin makes it attractive. You can always earn on price jumps. This level of income, unless of course you are able to do and understand trends in the market, you will not give any other currency. Isn't that the point to use bitcoin?
sr. member
Activity: 798
Merit: 268
Every market is really volatile and this is the best thing you can see when you do trading simply because you can create big money for this as long as you know when to buy and sell i am sure that you will gain more profit. just ride the volatility of btc and enjoy your profit.
hero member
Activity: 641
Merit: 505
At this time it is very volatile, much better to hold the bitcoin because of the news. Most of them was buy a bitcoin at this time because they believe that after the segwit the price of bitcoin will increase.

As what I observed the bitcoin dump last week but it back to 140k (php) then dump again. You can't predict what will happen at this time, because of the news. No assurance on what will happen on august 1 so the other was securing their money, instead of holding they pick to sell for sure income, and that's the one reason why the price of bitcoin is so volatile.
full member
Activity: 212
Merit: 100
With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalksearch.org/topic/hacks-puppets-forks-how-to-destroy-bitcoin-1834310
Both investing and Holding are good options. Holding is necessary if the you are patient enought to keep your Bitcoin for years until you gain profit from it, or if its price is doubled. Investing is also good because you can quickly earn from it. Also, it is a bit risky. You need to do some research before engaging yourself in investing into something. You should consider factors such as the profit on the things that you'll invest with and the assurance that you'll earn something from it.
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